The June employment report beat Wall Street projections, with the economy adding 206,000 jobs. RiverFront Global Fixed Income CIO Kevin Nicholson joins...
with the economy adding 206,000 jobs. RiverFront Global Fixed Income CIO Kevin Nicholson joins Market Domination to discuss the implications for markets and Federal Reserve policy.
So actually, I'm interested to get your take, first of all, just the big economic news today that jobs report Kevin.Uh because we've got a lot of gotten a lot of mixed data over the last couple of weeks.However, the fed is more focused on uh core P CE and I, I think that that's where their focus is going to be.Um However, in June, uh, it's supposed to rise is forecast to rise at 0.21% a month over month.
Um, however, if they do begin to cut, I think that we're going to be closer to the bottom end of my range of 4% closer to 4% by year end.So we own treasuries in our portfolios, but it's at the back end of the curve and it, and we did that uh actually through strips. This Canadian stock stands out for its high yield, resiliency of its dividend payments, and its management’s commitment towards returning higher cash. The post 7.5% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades appeared first on The Motley Fool Canada.'Warren Buffett knows this': Michael Saylor warns that the US dollar is on track to lose 99.9% of its value
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